T&D equipment tenders up 5% in November 2020

17 December 2020 (Last Updated December 17th, 2020 07:04)

T&D equipment tenders up 5% in November 2020

T&D equipment tenders in November 2020 saw 278 tenders announced, marking a rise of 5% over the last 12-month average of 265, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 246 tenders and an 88.5% share
  2. Repair, Maintenance, Upgrade & Others: 29 tenders and a 10.4% share
  3. Project Implementation: three tenders and a 1.1% share.

Asia-Pacific leads T&D equipment activity in November 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 142 tenders and a share of 51.1% during November 2020, followed by North America with 82 tenders and a 29.5% share and Middle East and Africa with 23 tenders and an 8.3% share.

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Thermal is leading technology for T&D equipment tenders in November 2020

Among the technologies, thermal accounted for 13 tenders with a 65% share, followed by hydro with four tenders and a 20% share and solar with two tenders and a 10% share.

All publicly-announced tenders are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData’s Power database.